Michael Cohn

Some worry the proposed regulations could make it more difficult for small and midsized businesses to obtain coverage in case of disaster.

Inflation-adjusted amounts in the Tax Code are predicted to increase 5.4% in 2024, according to a new report from Bloomberg Tax.

The Internal Revenue Service's Criminal Investigation division is targeting illegal activity tied to sports betting as the pro football season gets underway.

The American Institute of CPAs is teaming up with other groups to help accountants cope with natural disasters, as well as learn more about the environmental, social and governance area.

Professional accountants continue to be the single most trusted stakeholders in tax in every G20 country, according to a new survey.

Ernst & Young saw one of the biggest revenue increases in its history despite the cancellation of its plan to spin off its consulting practice.

The Top 30 Firm has acquired a provider of outsourced accounting, business advisory, technology and business process consulting services, plus its executive recruiting arm.

The Public Company Accounting Oversight Board imposed a $30,000 civil penalty against K.R. Margetson and its sole partner for quality control violations and revoked his firm's registration for a year.

The Securities and Exchange Commission charged the former national assurance services leader at Marcum LLP with failing to address and remediate a number of deficiencies in the New York-based auditing firm's quality controls.

Despite over two decades of experience, complying with the Sarbanes-Oxley Act of 2002 doesn't seem to be getting any easier for audit and finance leaders.

Corporate controllers can play an important role in environmental, social and governance reporting as the U.S. and other countries prepare to impose new reporting requirements.

The Big Four firm plans to stop offering some types of services to SEC-registered audit clients, and to cut the compensation of top leaders if the firm's audits fall short on quality.

The service will need to tread carefully with how it uses artificial intelligence amid growing questions about the reliability of the technology.

The tax-focused financial planning and wealth management company that partners with accounting firms is going private and joining a larger financial firm.

The SEC's recently finalized rule on private fund advisors will impose new requirements.

The Internal Revenue Service is leveraging artificial intelligence to detect tax evasion as it uses the extra funding from the Inflation Reduction Act to ramp up compliance efforts.

The board wants to improve the guidance for the management's discussion and analysis section of reports by federal agencies.

The IRS needed to respond to nearly 800 employee reports of assaults and threats in recent years, according to a new report.

The board added a project to deal with issues related to subsequent events for state and local governments.

Revenue from consulting services grew at the fastest pace at 19.1%, followed by risk advisory, and audit and assurance.